Skip to content
CompanySight
Company No. 13211465 · Incorporated 18 Feb 2021

Peggys Music Bar Ltd

Registered name: PEGGYS MUSIC BAR LTD

Peggys Music Bar Ltd made £145k revenue and £3.5k profit in the year to 29 Feb 2024.

Peggys Music Bar Ltd’s revenue fell 13% to £145k in the year to 29 Feb 2024, with £3.5k profit and 3 employees. The company is classified under “public houses and bars” and is based in Southport; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56302Public houses and bars
Status
Liquidation
Location
Southport, North West
Age
5 yrs · since 2021
Type
Private Limited Company
Latest accounts · year to 29 Feb 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable
Revenue
£145k
Growth ▼13.1%
Profit
£3.5k
Growth ▼37%
Profit margin
2.4%
 
Employees
3
Change —
Profit / employee
£1.2k
Revenue/employee £48.5k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202228 Feb 202329 Feb 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£167k£145k
Profit before tax—£5.6k£4.4k
Profit after tax—£5.5k£3.5k
Profit (best available)—£5.5k£3.5k
Staff costs—£30.9k£31.2k
Employees (average)303
Ratios
Profit margin—3.3%2.4%
Revenue per employee——£48.5k
Profit per employee——£1.2k
Growth (year on year)
Revenue growth——▼13.1%
Profit growth——▼37%
Headcount growth—▼100%—
Balance sheet — indirect signals, not revenue
Cash at bank£10.2k£12k—
Net assets−£3.5k£2k£469
Fixed assets—£1.6k£1.3k
Current assets£13.1k£13.9k£7k
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024
Derived from the latest filing

How the business works

Profit margin
2.4%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£48.5k
Revenue ÷ average employees.
Profit per employee
£1.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼77%
Now £469
Cash at bank
—
Now —
Headcount
—
Now 3
Deferred income
—
Now —
Fixed assets
▼20%
Now £1.3k
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 29 Feb 2024 (profit £3.5k), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.